Residential Real Estate

Luxury complex under construction in downtown Fayetteville

By Savanah Ramsey, posted 4 years ago

A new residential development is headed to downtown Fayetteville off of Adams Street. 

The development represents a $5 million investment and brings 20 new units to the downtown area. In phase one of the project, there will be 12 units ready to be opened in May 2022. 

Bringing these apartments to Adam Street is a staple in making the area a more safe and clean area that people want to come to and live in. 

"Adding 40K+ gross square feet of new residential construction to our city's urban core will have a substantial impact on retailers' bottom line and downtown's walkability sense of place,” stated Bianca Shoneman, president and CEO of Cool Spring Downtown District. “The investment is the first of its kind being constructed by a local, Black-owned development company, RAJJ Investment Properties, Inc., and adding 60+ new residents is a win/win for our community and surrounding property values.”

The project is headed up by Jerome Njuan Bell of RAJJ Investment Properties, Inc.

“I want to play a role in the community and with my tenants to create an atmosphere where people can interact with one another, while supporting local businesses downtown,” said Bell.

As a high-end luxury complex, each apartment will have three bedrooms and two baths. Additionally, there is a lot next to the development that Bell hopes to turn into a recreational space for tenants.

“I’ve been here since 2003, and this change is to show that we are a city of heroes and hometown,” added Bell. “We need to bury the bad image of Fayetteville and play a part to become something more as a community.”

The groundbreaking ceremony for the apartments was held in July last year. “July 23, 2021, was by far one of the most special and amazing days of my life to date,” Bell told Greater Fayetteville Business Journal last year. “My father and family … all showed up to help me celebrate a major accomplishment -- building my first apartment complex. With their continued love and support, I will be building many more.”

Join The Discussion

Similar Stories

Ico insights

INSIGHTS

SPONSORS' CONTENT
fayetteville-technical-community-college dr-mark-sorrells headshott

The Community's College at 65: Driving the Workforce That Powers Cumberland County's Future

Dr. Mark Sorrells - President, Fayetteville Technical Community College
h2-contracting kyle-holmes headshott

Meet the H2 Contracting Team

Kyle Holmes - Owner, H2 Contracting
cape-fear-valley-health john-bigger headshott

Putting mental health first: Inside Cape Fear Valley Health’s behavioral health system

John Bigger - Corporate Director of Behavioral Health, Sleep Medicine and Clinical Research, Cape Fear Valley Health

In The Current Issue

See the brilliance: Dunn artist creates and sells glass artwork that shines brightly

Cindy Akers-Gilford creates stained glass, fused glass, mosaics, handmade glass jewelry, pendants, suncatchers and other original glass artwork in her studio in Dunn, N.C. Photos provided by Cimply Broken.Self-made Artist and Founder of Cimply Broken


Brushstrokes of hope: Art therapy for cancer patients and their caregivers

 FirstHealth’s art therapy for cancer patients and caregivers helps attendees reduce stress through creative expression. Photo provided by Deborah Yarborough.Group therapy can provide much-needed support and comfort during difficult times, and t


Art that serves others: How a Harnett County muralist is making a lasting mark in her community

Van Goat Studios, which has been operating since 2019, has allowed Johnson to express herself and reflect the spirit of local communities through murals. Photo provided by Elyse Johnson.Elyse Johnson of Van Goat Studios in Dunn wants to spread her ar